Brief: Mycelx Technologies Says Recent Events In Saudi Arabia Impacted Business In H2

Mycelx Technologies

04/11/2019 07:52

Nov 4 (Reuters) - Mycelx Technologies Corp  MYXM.L :
    * MYCELX TECH. CORP. MYCELX TECH. CORP..  - TRADING UPDATE
    * MYCELX TECHNOLOGIES - RECENT EVENTS IN SAUDI ARABIA, ONE OF CO'S PRIMARY
MARKETS, HAVE IMPACTED COMPANY'S BUSINESS IN H2
    * MYCELX TECHNOLOGIES - BELIEVES CURRENT CHALLENGES IN SAUDI ARABIA ARE
TEMPORARY
AND THAT PROJECT ACTIVITY WILL RECOVER IN NEAR TERM
    * MYCELX TECHNOLOGIES CORP - RAPID RESPONSE CONTRACTS TYPICALLY SIGNED IN
LAST
QUARTER OF CALENDAR YEAR ARE UNLIKELY TO OCCUR IN CURRENT ENVIRONMENT
    * MYCELX TECHNOLOGIES - REVISED FORECAST FOR YEAR TO DEC 2019 IS C.A. $12.5
MILLION IN REVENUE, NEGATIVE EBIDTA OF $1.3 MILLION, AND A NET LOSS OF $3.3
MILLION

Source text for Eikon:  ID:nRSD0687Sa 
Further company coverage:  MYXM.L 

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